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Technology Stocks : The New QLogic (ANCR)

QLGC 16.07

0.0%

Aug 24 5:00 PM EST

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To: Craig Stevenson who wrote (12151)	11/2/1997 9:06:00 PM
From: Roger Arquilla	Read Replies (4) of 29386

Craig, My wife was wondering what happened to you during this tumultuous week. I was off line during most of the bad days do to computer problems and I am convinced it was probably for the better. I hope your medical crisis had a favorable outcome. Your return post reflected many of my thoughts. In particular, Ancor's apparent lack of concern towards their investors. I know that we are all big boys and girls and have to be responsible for our own actions, but there also comes a time when good faith and loyalty need to be recognized. I feel it was entirely uncalled for that Ken announced projected lower 4th quarter earnings, on the heels of less than stellar 3rd quarter losses. This was a case of honesty is not the best policy. Surely he knew that it would carry a negative impact on an already unstable stock price. This company needs all the support it can get. Why anger investors that have supported you for so many years when there is no purpose to such an announcement. We have enough bad news keeping the price down without volunteering unnecessary information. I don't understand his need to have made that projection. Roger

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